Tech Company Inital Public Offerings
Root IPO
On 10/28/2020, Root completed its IPO
Transaction Overview
Company Name
Announced On
10/28/2020
Transaction Type
IPO
Amount
$724,430,000
Proceeds Purpose
Use of proceeds for the Root IPO are outlined in the company's S1 filing.
Company Information
Company Status
Publicly-held
Industry
InsureTech
Mailing Address
Unit A 4th Floor Hill House 43 Somerset Rd. Green Point
Cape Town, 8005
South Africa
Cape Town, 8005
South Africa
Phone
Undisclosed
Website
Email Address
Overview
Root is an end-to-end digital insurance platform that enables you to launch new products and digital engagement channels fast. We package all the compliance, regulatory and reporting complexities behind easy-to-use APIs, allowing your team to focus on building great customer experiences.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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